The Logistics of Logistics

FEBRUARY 18, 2013

The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered. Cost, on time performance and billing accuracy don’t mean much if the carrier damages the freight. To minimize freight damage, begin measuring it with the damage free shipments KPI. damage free shipments.

KPI 100

KPI Freight Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 16, 2013

The best LTL KPI for measuring cost performance is cost per pound. The less than truckload (LTL) cost per pound KPI is easy to calculate (see below). The LTL cost per pound is also completely transparent (can’t tweak the numbers) and it provides great insights into a company’s freight spending. Additional Reading on LTL KPIs.

KPI 100

KPI Cost Reduction Strategies Third Party Logistics Metrics 100

The Logistics of Logistics

FEBRUARY 19, 2013

The best LTL KPI for measuring billing accuracy is simply the percentage of accurate bills. Incorrect freight bills drive the accountants crazy and drive the costs up. Sometimes it has to be passed on to clients, who were already billed for freight or the added cost has to be absorbed by the shipper.

KPI 100

KPI Third Party Logistics Price Reduction Cost Reduction Strategies 100

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” If you only focus on the data in your own supply chain, you could be missing the bigger picture, and ultimately, misreading your KPIs. You need to explore the metric relationships to see the full story.

Global 108

Global Scenario Planning Metrics Benchmarking 108

The Logistics of Logistics

FEBRUARY 17, 2013

The best LTL KPI for measuring on time performance is simply the percentage of on time shipments. LTL KPI – On Time Performance Calculation. To calculate the on time performance KPI, simply divide the number of on time shipments by the total number of shipments. Insights from On Time Performance KPI.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

The Logistics of Logistics

JANUARY 24, 2013

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Key Process Indicators vs. Metrics.

Logistics Network Optimization Software 175

Logistics Network Optimization Software KPI Logistics Metrics 175

Intelligent Audit

OCTOBER 27, 2022

What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . To harness the power of big data analytics in transportation , companies also must integrate it with current systems.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

GlobalTranz

MAY 4, 2016

In modern manufacturing and transportation, savings are everything. However, if you know what critical freight management KPIs or key performance indicators to track, you can know exactly how to change processes to decrease costs, which will result in savings for the end user. Federal Power Over Freight Management KPIs.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

SCMDOJO

JULY 3, 2023

This procurement training course is taught by Corey Weekes who is based in Toronto, Canada and is a co-founder and Managing Partner at the EIGHTY-FOUR GROUP Supply Chain Consulting company as well as a Senior Warehousing and Transportation Director at one of Canada’s leading and most globally recognized luxury apparel brands.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Selecting the Right LTL KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

Cathy Roberson

APRIL 6, 2022

Many talk #supplychain #visibility as to transportation, which is really #TrackaAndTrace. So many variations of systems out there, all offer po management, landed cost, tracking, KPI's, contract management, etc. Plus #warehouse. E2E, esp critical upstream where the supply of supply chains begin, must start with the #PO.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

The Logistics of Logistics

OCTOBER 30, 2012

Key process indicators (KPI) for the most important aspects of LTL shipping. In this free webinar, participants will learn a methodology for measuring LTL carrier performance. They will also learn specific actions for reducing LTL carrier shipping costs. Webinar topics will include: 1.)

KPI 100

KPI Cost Reduction Strategies Third Party Logistics How To 100

The Logistics of Logistics

FEBRUARY 14, 2013

The post Webinar: Using LTL Key Process Indicators (February 27, 2013) appeared first on The Logistics of Logistics.

KPI 100

KPI Third Party Logistics Metrics 3PL 100

Intelligent Audit

AUGUST 26, 2021

Their strength rests in how shippers leverage technology and how they apply the data from myriad data sources to make sense of what’s happening and how it all affects transportation spend. The first thing to know in the digital age of freight audit and payment best practices is the importance of the digital twin.

Freight 52

Freight Analytics Software Demand Planning Software Logistics Network Optimization Software 52

Supply Chain Opz

JUNE 1, 2014

In order to compensate a long waiting time, Adidas uses air freight or courier service. The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. Managing transportation at this scale is the absolute challenge.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

The Logistics of Logistics

DECEMBER 2, 2012

A highly effective shipper will use metrics or key process indicators (KPIs) to monitor logistics performance. Ideally, the KPIs will also be used to measure the performance of logistics providers. Not technology for the sake of technology, but value added tools that streamline the process for moving freight.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 225

The Logistics of Logistics

JUNE 7, 2019

The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Transportation Management System (TMS). Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

The Lean Supply Chain

AUGUST 5, 2015

Some examples of basic metrics or Key Performance Indicators (KPIs) that SLAs may specify include: • IT agreements: Customization/Integration. • Bar coding/RFID/Voice Activation Systems. • Slotting and re-slotting There are many more KPIs that can be added to this basic SLA agreement. Communication is critical.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

The Logistics of Logistics

JUNE 20, 2014

The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. 4, Transportation Management System (TMS). Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

Supply Chain Collaborator

MAY 29, 2018

Talk to a transportation manager about data analytics and they might tell you they’re already harnessing data collected by their TMS and other logistics IT tools to measure key performance indicators such as tender acceptance by lane, carrier check call compliance and other commonly examined metrics.

Analytics Software 60

Analytics Software Analytics Logistics Network Optimization Software Modeling Software 60

The Logistics of Logistics

JUNE 20, 2014

The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. 4, Transportation Management System (TMS). Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Zipline Logistics

JUNE 30, 2020

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. Accessibility — The ability of a carrier to provide service for a freight order. Accessibility — The ability of a carrier to provide service for a freight order. Logistics Terms for Pros to Know.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Unleashed

NOVEMBER 20, 2023

Often, we end up asking the partner in Germany or Spain or somewhere, ‘Can you air freight this? Sam points out that where stock lives in the warehouse and how its transported can also influence the efficiency of a business’s operations. “We Order cycle time “Order cycle time is a great metric for businesses to track,” says Hugh.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

GlobalTranz

DECEMBER 28, 2015

We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Each of these five include several sub categories for more specific articles, such as the TMS category under Transportation Management. Read the Full article here. . Read the full article here.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120